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Minister Alfonso Prat-Gay takes part in meetings with the IMF and the World Bank, shortly after the end of the default.. The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's ...
Argentina bond prices sunk to record lows on Monday, weighed down by default fears linked to a wider emerging market sell-off, spiraling inflation pushing up interest rates and the prospect of a ...
3 key reasons bond prices move up and down. There are three primary factors that drive movements in bond prices: the movement of prevailing interest rates, the ability of the issuer to meet the ...
(Bloomberg) -- Argentina’s move to delay a $1.4 billion local bond payment this week hardly made a ripple in the broader world of global investing, with most outsiders seeing it as a sideshow ...
Google Charts is an online tool that is used to create charts and graphs. It uses HTML5 and SVG to function on multiple browsers and devices without extra plugins or software. It is known for its wide range of chart options and features, which are explained on the official Google Charts website. [1]
The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso, caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.
The index experienced its biggest one-day intraday loss in history on 12 August 2019, when the index plummeted 16,824.29 points or 37.93% following the Argentine peso devaluation and the defeat of Mauricio Macri in the primary elections. [5] On 7 July 2022, the index closed above 100,000 points for the first time.
On 4 December, Argentine bond yields stood at 34% over U.S. treasury bonds, and, by 11 December, the spread jumped to 42%. [ 49 ] [ 50 ] By the end of November 2001, people began withdrawing large sums of dollars from their bank accounts , turning pesos into dollars, and sending them abroad, which caused a bank run .